Housing Bubble Spin
Boston Real Estate
Some say we’re entering a Boston real estate housing bubble. Others say we’re not. I try to present both sides
In today’s Boston Real Estate Blog post, I’ll present a video from Morgan Stanley that makes the argument that we’re not in a housing bubble.
Boston Real Estate
____________________________________________________________________________________________________
Housing Bubble Spin
According to a study released today at a conference at the Federal Reserve Bank of Boston, low interest rates and easy credit were not the primary causes of the recent housing bubble, which ultimately burst and led the nation into a deep recession. Huh?
An excerpt from the Boston Globe:
The study, by researchers from Harvard University and the University of Pennsylvania, analyzed home prices, interest rates, and credit conditions during the housing bubble of the last decade and found that low rates and lax lending standards could only explain a relatively small part of the rapid rise in housing prices.
